AmEx raises 2016 profit forecast; shares up 5.8 percent

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/18/2026

1. SPY
2. FLNC
3. CRM
4. GNRC
5. CRWV
6. NVDA
7. USO
8. LMT
9. TLT
10. AMZN

Go back to AmEx raises 2016 profit forecast; shares up 5.8 percent

BMO Capital Raises Price Target on American Express (AXP) to $75; Reiterates Market Perform

October 20, 2016 9:45 AM EDT

BMO Capital reiterated a Market Perform rating on American Express (NYSE: AXP), and raised the price target to $75.00 (from $73.00), following the company's 3Q earnings report. AXPs 3Q16 core EPS of $1.24 beat consensus of $0.97 by 28%. The beat was top-linedriven.

Analyst James Fotheringham... More

Jefferies Remains Sidelined on American Express (AXP) Following 3Q

October 20, 2016 7:31 AM EDT

Jefferies maintained a Hold rating and $60.00 price target on American Express (NYSE: AXP) following the company's 3Q earnings report. Fee revenue helped to push EPS to $1.20, ahead of $0.96 estimates. Total non-interest revenues of $6.4B beat our $6.2B estimate primarily driven by better than... More